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Novozymes company history timeline

1979

1979: Novo sets up an environmental department.

1981

1981: Novo becomes the first Scandinavian company to be listed on the New York Stock Exchange.

1987

1987: Novo launches Lipolase®, the first fat-splitting enzyme for detergents manufactured with genetically-engineered microorganisms.

1989

1989 Danish companies Novo and Nordisk Gentofte merge to become Novo Nordisk.

1992

1992: Novo in Davis, California, is inaugurated.

1994

1994: Novo becomes the first company in Denmark to issue an environmental report, and one of the first to implement the Triple bottom line aiming to balance financial, social, and environmental aspects.

1996

1996 DeniLite® is launched – the first enzyme in the world for bleaching denim in the textile industry.

1998

1998: Kannase® is launched – a detergent enzyme for soft and cold water.

1999

1999: Novo publishes its first social report.

2000

2000: Novo is split into three independent companies: Novo Nordisk A/S, Novozymes A/S and Novo A/S. Novozymes is headed by CEO Steen Riisgaard.

2004

2004: Novozymes is awarded the Presidential Green Chemistry Challenge Award for work on enzymes to develop healthier oils and fats for use in food.

2005

2005: Launch of six integrity principles to help individual employees deal with issues such as bribery.

2006

2006: Acquisition of Australian biopharma company GroPep and UK-based biotech company Delta.

2007

2007: President Bush visits Novozymes’ United States headquarters and hosts a panel discussion on advancements in biofuels.

2008

2008: Inauguration of the world’s largest enzyme fermentation facility in China, primarily with focus on products for the bioethanol industry.

2010

2010: Launch of Cellic®, the first commercially viable enzyme for production of biofuel from agricultural waste, enabling cellulosic biofuel as a competitive alternative to gasoline.

2011

<strong>The</strong> <strong>Novozymes</strong> history A very brief intro! 30/06/2011 AnRH

2012

2012: Inauguration of enzymes (for biofuels) plant in Blair, Nebraska.

2013

In February 2013, the Company acquired the enzymes business of Iogen Corporation.”

2013 Peder Holk Nielsen takes over the reins as CEO when Steen Riisgaard retires.

2014

2014: The commercial production of cellulosic ethanol broadens globally, as Novozymes provides enzymatic solutions to plants in South and North America as well as in Europe.

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Founded
1977
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Novozymes competitors

Company NameFounded DateRevenueEmployee SizeJob Openings
Kemira Chemicals1920$3.0B5,06230
Lubrizol1928$6.5B8,30093
W. R. Grace & Co1854$1.7B4,000-
BASF1865$63.6B117,628167
Henkel1970$21.5B9,000786
Johnson Matthey Plc1817$18.1B14,00056
Sun Chemical1929$3.5B20,0003
Sandoz1946$21.0M346
Promerus2001$25.0M38-
Syngenta2000$12.6B28,704112

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Novozymes may also be known as or be related to Novozymes, Novozymes A/S, Novozymes North America, Novozymes North America Inc, Novozymes North America Inc. and Novozymes North America, Inc.